A Hong Kong court orders China's Evergrande Group to liquidate, impacting creditors and homebuyers.
Evergrande's $300 billion debts are massive, rivaling Hong Kong's GDP.
The Chinese property market is distressed with major developers facing default, potentially affecting capital market accessibility for Chinese firms in the future.
PayPal announced new innovations at an event, like a one-click checkout product and making Venmo more business-friendly.
The stock initially rose but then fell after the announcement, indicating mixed reactions from the world.
The new CEO highlighted the potential for improvement by implementing simple, customer-focused changes, which could positively impact PayPal's business.
There is concern about Google's search business in the future due to changing user behavior and competition from AI applications like ChatGPT.
Google Cloud revenue growth accelerated in Q4, making it profitable, but there are concerns about the changing landscape of AI and its impact on Google's services.